Friday, 29 May 2020

Oil falls but remains set for biggest monthly gain in years

Oil prices were dragged sharply lower on Friday by weak US fuel demand, fears of a second wave of coronavirus cases in South Korea and a worsening in US-China relations, but were still on track for a hefty monthly gain. July Brent crude fell $1.16, or 3.3%, to $34.13 a barrel by 0927 GMT while […]

from Daily Times https://ift.tt/3cjWiue

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